Pre-Market IV Report October 30, 2024

Pre-Market IV Report October 30, 2024

The following report is a snapshot of noteworthy changes in stock and option volumes, as well as changes in option implied volatilities. By monitoring this market data, traders can create strategies that capitalize on this often over looked information

Options with increasing option implied volatility: SAVA IBRX IEP ANF GME EQX DKS WEAT BBY NMRA BTDR RILY GO ETHU EWTX AXSM ZETA GRMN CORZ MNKD RBRK OI EAT UMC RGR

Stocks expected to have increasing option volume: GOOGL GOOG V AMD RDDT SHAK WING LLY ABBV CAT KHC GEHC HUM BIIB FPN EAT MDLZ CMG EA FSLR SNAP CZR QRVO CAKE BAC FHN

Straddle prices into quarter results

Microsoft (MSFT) November 1 weekly straddle 430 priced for a move of 4% into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put.

Meta (META) November 1 weekly 592.50 straddle priced for a move of 8% into the expected release of quarter results today after the bell.

Apple (AAPL) November 1 weekly 232.50 straddle priced for a move of 4% into the expected release of quarter results after the bell on October 31.

Amazon (AMZN) November 1 weekly 190 straddle priced for a move of 7% into the expected release of quarter results after the bell on October 31.

Mastercard (MA) November 1 weekly 505 straddle priced for a move of 3% into the expected release of quarter results before the bell on October 31.

Merck (MRK) November 1 weekly 104 straddle priced for a move of 4% into the expected release of quarter results before the bell on October 31.

Uber (UBER) November 1 weekly 79 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on October 31.

Comcast (CMCSA) November 1 weekly 42 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on October 31.

Intel (INTC) November 1 weekly 23 straddle priced for a move of 11% into the expected release of quarter results after the bell on October 31.

Bond-interest rate market option IV as rates tick higher

Proshares Trust Ultrashort Lehman 20+ Year Treasury (TBT) 30-day option implied volatility is at 41; compared to its 52-week range of 21 to 45. Call put ratio 2 calls to 1 put 1.

iShares 20+ Year Treasury Bond ETF (TLT) 30-day option implied volatility is at 19; compared to its 52-week range of 11 to 23. Call put ratio 2.1 calls to 1 put.

Bank of America (BAC) 30-day option implied volatility is at 26; compared to its 52-week range of 18 to 36 into commenting on possible sanctions.

Movers

Coinbase (COIN) 30-day option implied volatility is at 89; compared to its 52-week range of 61 to 103. Call put ratio 3.8 calls to 1 put with focus on December 190 and 220 calls as Bitcoin trades above $72K.

Cadence Design Systems (CDNS) 30-day option implied volatility is at 35; compared to its 52-week range of 22 to 68 with a focus on November 215 and 220 puts as share price up.

Altair (ALTR) 30-day option implied volatility is at 31; compared to its 52-week range of 23 to 66. Call put ratio 2.5 calls to 1 put with focus on November 110 and 120 calls as share price up.

GeneDx Holdings (WGS) 30-day option implied volatility is at 104; compared to its 52-week range of 74 to 239. Call put ratio 2.7 calls to 1 put with focus on December 85 calls as share price up.

MPLX LP (MPLX) 30-day option implied volatility is at 17; compared to its 52-week range of 9 to 48. Call put ratio 8.1 calls to 1 put with focus on 5K contracts of November 44 calls.

TransMedics Group (TMDX) 30-day option implied volatility is at 65; compared to its 52-week range of 47 to 120. Call put ratio 1 call to 1.5 puts with a focus on November 70 and 85 puts as share price down 30%.

Fortive (FTV) 30-day option implied volatility is at 30; compared to its 52-week range of 12 to 66 with focus on November 70 and 75 puts.

Grocery Outlet Holding Corp. (GO) 30-day option implied volatility is at 79; compared to its 52-week range of 19 to 86 with a focus on 15K contracts of November 15 puts as share price trades $16.50.

Flex (FLEX) 30-day option implied volatility is at 48; compared to its 52-week range of 20 to 70. Call put ratio 1 call to 2.7 puts with a focus on November 34 and 36 puts.

Trump Media & Technology Group (DJT) 30-day option implied volatility is at 295; compared to its 52-week range of 69 to 769.

Options with decreasing option implied volatility: CPRI BYON ENPH CLS ALGN DXCM DECK AVTR PYPL CROX WDC ON TPR EW NOW VRT IBM STX UPS
Increasing unusual option volume: WSC EWC AMKR FLEX ICLN FHN PTEN NOV TMDX
Increasing unusual call option volume: WSC ICLN PTEN FHN NOV LAC TIGR MOD THC TMDX
Increasing unusual put option volume: EDR TMDX HTZ SWK OKLO LAC GSK XRX IAU FND AGNC AES
Popular stocks with increasing volume: SOFI DJT F PFE BA MSTR PYPL SMCI SNAP GME
Active options: TSLA NVDA SOFI DJT AMD F PFE GOOGL BA MSTR MARA PYPL GOOG SMCI SNAP AAPL GME AMZN AGNC META
Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $68, natural gas mixed, gold at $2794